Bengaluru, Jan. 20 -- Amit Tandon, founder and CEO of deep-tech startup PolyCycl working on chemical recycling solutions for hard-to-recycle plastics, said the company's business model is largely decoupled from global crude oil prices.
"Actually, this is not sensitive. I would have even liked to say that it is decoupled, but, you know, that will probably only happen over time. But it is not sensitive, certainly," he told said responding to UNI query.
Tandon explained that circular feedstocks derived from waste plastics, certified as recycled material, now fetch a significant premium in international markets. Non-upgraded pyrolysis oil sells for around 1,300 to 1,600 euros per tonne, compared to fossil naphtha prices at roughly 700 to 900 ...